Ethylene Acrylic Elastomers (AEM) Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
Looking ahead, the demand for Ethylene Acrylic Elastomers (AEM) is poised for continued growth from 2023 to 2033, driven by advancements in industries such as electric vehicles (EVs), renewable energy, and sustainable construction. The shift towards environmentally friendly and energy-efficient technologies is expected to increase the use of AEM in applications that require high-performance materials capable of operating under extreme conditions. In the automotive sector, the shift towards electric vehicles, which demand better performance from components like seals, gaskets, and hoses, is expected to provide new opportunities for AEM. Moreover, as construction activities become more focused on sustainability and long-lasting materials, the demand for AEM in this sector is anticipated to rise significantly.
Get an In-Depth Research Analysis of the Global Ethylene Acrylic Elastomers (AEM) Market Size And Forecast [2025-2032]
The Ethylene Acrylic Elastomers (AEM) market has witnessed significant growth from 2018 to 2022, driven by rising demand from automotive, construction, and industrial sectors. AEM, a high-performance elastomer, is known for its excellent resistance to heat, oil, and oxidation, making it ideal for applications in automotive seals, gaskets, and hoses. The demand during this period was primarily driven by the growing automotive industry’s need for materials capable of withstanding harsh operating conditions. Additionally, the expansion of the construction sector and its demand for durable materials further fueled the market’s expansion. The global AEM market saw an average annual growth rate of approximately 5% during this time frame, with North America and Europe being the key contributors to the demand.
Who are the largest Global manufacturers in the Ethylene Acrylic Elastomers (AEM) industry?
- DuPont
- BASF
- Zeon Chemicals
- NOK Corporation
- Trelleborg
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global Ethylene Acrylic Elastomers (AEM) Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Ethylene Acrylic Elastomers (AEM) Market
- Automotive
- Construction
- Industrial
- Others
What are the types of Ethylene Acrylic Elastomers (AEM) available in the Market?
Based on Types the Market is categorized into Below types that held the largest Ethylene Acrylic Elastomers (AEM) market share In 2023.
- 20 wt % Comonomer
- 9 wt % Comonomer
- 5 wt % Comonomer
Which regions are leading the Global Ethylene Acrylic Elastomers (AEM) Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Ethylene Acrylic Elastomers (AEM) Market Research Report, 2024-2032
1. Introduction of the Global Ethylene Acrylic Elastomers (AEM) Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global Ethylene Acrylic Elastomers (AEM) Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Ethylene Acrylic Elastomers (AEM) Market, By Type
6. Global Ethylene Acrylic Elastomers (AEM) Market, By Application
7. Global Ethylene Acrylic Elastomers (AEM) Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global Ethylene Acrylic Elastomers (AEM) Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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